| H.M. Electro Mech Ltd |
|
Registered Office:
305 Ashram Avenus B/H Kochrab,Ashram Paldi
,
Ahmedabad
-
380006
,
Gujarat
, India.
Phone :
+91 079 4009 2538 Fax:
Email : cs@hmelectromech.com
Website : www.hmelectromech.com
|
Initial public issue of up to 36,99,200 equity shares of face value of
 10/- each of H.M. Electro Mech Limited ("HMEML" or the "Company" or the "Issuer") for cash at a price of 75/- per equity share including a share premium of 65/- per equity share (the "Issue Price") aggregating to
27.74 crores ("The Issue"), of which 1,85,600 equity shares of face value of 10/- each for cash at a price of 75/- per equity share including a share premium of 65- per equity share aggregating to
1.39 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 35,13,600 equity shares of face value of 10/- each at a price of 75/- per equity share including a share premium of 65/- per equity share aggregating to 26.35 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27 % and 25.65 %, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is 10 each. The floor price is 7.5 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 24-Jan-25 |
28-Jan-25 |
Rs75.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
25.02 |
| Beeline Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
27.74 |
|
| Post Issue Equity Share Capital |
13.70 |
|
| Issue Price |
Rs75.00 |
|
|